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China's drone market is expected to grow annually by 40 percent to have an output value of 60 billion yuan by 2020, according to the Ministry of Industry and Information Technology. The industry will have an output value of 180 billion yuan by 2025.
China's latest move to lower the regulatory requirement on the ratio of allowance for loan impairment losses to nonperforming loans will encourage commercial banks to classify bad loans more accurately and to step up the disposal of distressed debt, researchers said.
China's development has also lifted the country's 700 million people out of poverty, another great contribution to the world.
China's economic growth is within a reasonable range, but faces downward pressure, Cheng said. Greater tax reduction measures and administrative streamlining have been introduced to boost market vitality.
China's cloud computing industry is forecast to worth 430 billion yuan (.3 billion) in 2019, up from 150 billion yuan in 2015, data from the Ministry of Industry and Information Technology show.
来源：资阳报